One of the last vestiges of a traditional America where religion was more central to official and business life, Wall Street observes a trading holiday on Good Friday. Here are the details.
WASHINGTON, March 22, 2016 – In one of the few remaining vestiges of a once openly Judaeo-Christian America, Wall Street still observes a traditional trading holiday each year on Good Friday, giving brokers and customers alike a chance to observe and celebrate Easter Weekend with their families.
As always, active traders will need to know the details of this week’s holiday-adjusted hours, so here they are:
FRIDAY, MARCH 25, 2016.
Corporate, municipal and Federal government bonds: Bond trading will close early on Thursday (not Friday), March 24, 2016 at 2pm EDT and will remain closed all day on Friday March 25, 2016.
Canadian Markets: Canadian markets will also be closed on Good Friday. Canadian equity orders placed after the close of U.S. markets on Thursday, March 24, 2016 will route to Canadian exchanges on Monday, March 28, 2016.
Settlement dates for all trades will be affected accordingly. Other rules may vary at your brokerage house. If in doubt, give your broker a call before this weekend’s holiday begins.
And, in advance, a happy and blessed Easter Sunday and Easter Weekend to all who observe this greatest Christian holiday of the liturgical year.
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